Expedia Group (NASDAQ:EXPE – Get Rating) had its price objective decreased by investment analysts at Credit Suisse Group from $231.00 to $225.00 in a research note issued to investors on Tuesday, The Fly reports. Credit Suisse Group’s price target suggests a potential upside of 28.71% from the company’s current price.
Other equities analysts have also recently issued reports about the company. Morgan Stanley increased their price target on Expedia Group from $200.00 to $215.00 and gave the stock an “equal weight” rating in a report on Thursday, February 24th. Deutsche Bank Aktiengesellschaft started coverage on Expedia Group in a report on Friday, March 11th. They set a “buy” rating and a $218.00 price target for the company. Royal Bank of Canada lowered their price target on Expedia Group from $200.00 to $185.00 in a report on Tuesday. Benchmark raised their target price on Expedia Group from $220.00 to $265.00 and gave the company a “buy” rating in a report on Friday, February 11th. Finally, UBS Group raised their target price on Expedia Group from $171.00 to $183.00 and gave the company a “neutral” rating in a report on Friday, February 11th. One equities research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $209.22.
Shares of NASDAQ:EXPE opened at $174.81 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 2.17. The business has a fifty day moving average of $186.33 and a two-hundred day moving average of $180.39. The stock has a market cap of $27.23 billion, a P/E ratio of -78.39, a PEG ratio of 1.78 and a beta of 1.51. Expedia Group has a 52-week low of $136.77 and a 52-week high of $217.72.
In other Expedia Group news, Director Dara Khosrowshahi sold 20,000 shares of the firm’s stock in a transaction on Friday, April 1st. The shares were sold at an average price of $198.29, for a total transaction of $3,965,800.00. Following the transaction, the director now directly owns 262,112 shares of the company’s stock, valued at approximately $51,974,188.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Peter M. Kern bought 6,000 shares of Expedia Group stock in a transaction dated Monday, March 7th. The stock was acquired at an average cost of $167.79 per share, with a total value of $1,006,740.00. The disclosure for this purchase can be found here. Insiders have sold a total of 113,175 shares of company stock worth $22,895,476 in the last 90 days. 5.00% of the stock is currently owned by company insiders.
Hedge funds have recently made changes to their positions in the business. Selective Wealth Management Inc. purchased a new stake in shares of Expedia Group during the fourth quarter worth approximately $27,000. Lindbrook Capital LLC raised its position in Expedia Group by 116.7% during the 4th quarter. Lindbrook Capital LLC now owns 156 shares of the online travel company’s stock worth $28,000 after buying an additional 84 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Expedia Group in the 1st quarter worth $29,000. Ancora Advisors LLC lifted its stake in shares of Expedia Group by 49.7% in the 3rd quarter. Ancora Advisors LLC now owns 214 shares of the online travel company’s stock worth $35,000 after acquiring an additional 71 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Expedia Group by 41.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock valued at $36,000 after acquiring an additional 58 shares in the last quarter. Institutional investors own 96.08% of the company’s stock.
Expedia Group Company Profile (Get Rating)
Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.
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